
Bitcoin.com News|Mar 30, 2025 21:47
Gold is back in the spotlight as the go-to hedge for international investors! On March 28, the precious metal hit a new all-time high, with spot prices soaring to 3,086.70 per troy ounce and futures surpassing 3,100!✨
Investors are flocking to gold as a safeguard against inflation and macroeconomic instability, creating the perfect storm for this bull run. Analysts attribute the surge to strong fundamentals, with gold serving as a counterparty-free hedge against market turmoil.
Peter Grant from Zaner Metals emphasizes that safe-haven demand is driven by concerns over tariffs, trade, and geopolitical uncertainty. Meanwhile, economist James Rickards points to central bank buying and BRICS accumulation as key factors fueling this rally.
Rickards also notes that increased retail investor participation could send gold prices even higher. With gold already hitting record highs multiple times this year, what do you think lies ahead for this precious metal? Let us know! 💬
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